Spinlock Holdings Limited
Registered name: SPINLOCK HOLDINGS LIMITED
Spinlock Holdings Limited made £10.5m revenue and £227k profit in the year to 31 Dec 2025.
Spinlock Holdings Limited’s revenue grew 9% to £10.5m in the year to 31 Dec 2025, with £227k profit and 61 employees. The company is classified under “activities of production holding companies” and is based in Cowes; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Cowes, South East
- Age
- 14 yrs · since 2012
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £9.6m | £10.5m |
| Cost of sales | £5.6m | £6.3m |
| Gross profit | £3.9m | £4.1m |
| Operating profit | £667k | £751k |
| Profit before tax | £494k | £646k |
| Profit after tax | £238k | £227k |
| Profit (best available) | £238k | £227k |
| Staff costs | £2.4m | £2.7m |
| Employees (average) | 58 | 61 |
| Ratios | ||
| Profit margin | 2.5% | 2.2% |
| Gross margin | 41.3% | 39.3% |
| Revenue per employee | £165k | £171k |
| Profit per employee | £4.1k | £3.7k |
| Cash conversion | 155.4% | 187.2% |
| Growth (year on year) | ||
| Revenue growth | — | ▲9.3% |
| Profit growth | — | ▼4.4% |
| Headcount growth | — | ▲5.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £16.8k | £19.3k |
| Net assets | £2.1m | £2m |
| Fixed assets | £5.3m | £5.2m |
| Current assets | £63.7k | £19.3k |
| Debtors | £1m | £956k |
| Cash from operations | £1m | £1.4m |
| Source | FullAccounts · bulk data Sep 2026 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 2.2%
- Profit ÷ revenue.
- Gross margin
- 39.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £171k
- Revenue ÷ average employees.
- Profit per employee
- £3.7k
- Profit ÷ average employees.
- Cash conversion
- 187.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 50%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.1%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼4%
- Now £2m
- Cash at bank
- ▲15%
- Now £19.3k
- Headcount
- ▲5%
- Now 61
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £5.2m
Group structure
Subsidiaries (3)
- Spinlock LimitedRev. £10.5m · Profit £465k
- Offshore Instruments LimitedFigures not disclosed
- Spinlock Structures LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £227k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.